Do you know the true opportunity costs of glide path, target date, and retirement date funds (2030, 2035, 2040)?
Estimated reading time: 2 minute(s)
Knowing the true opportunity cost of using glide path, target date, and retirement date funds is essential.
Most likely your workplace retirement account is the largest asset you may have for your retirement. Keep reading to learn why you should be avoiding the crowd flocking to glide path, retirement date, and target date funds (seen on your statement as 2030, 2035, 2040 funds).
The 401(k) industry is currently steering participant assets into these funds at a growing pace. There are more than $1 TT in assets invested in these types of funds. Are they really that good for investors?